$699,900 - 801 Gordon Street, Oshawa
Detached for Sale in Oshawa
Neighbourhood: Lakeview
- MLS Number
- E13431324
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oshawa
- Lot Size
- 6,750 sqft
- Listing Brokerage
- Keller Williams Energy Real Estate
**Rare Oshawa Investment Opportunity: Legal Duplex + In-Law Suite with Triplex Potential!**Looking for a turnkey investment or a massive mortgage helper? This fully renovated legal duplex offers over 3,000 sq. ft. of modern living space, a separate side entrance, and an annual income potential of up to $55,000. Designed for investors, multi-generational families, or buyers looking to live while tenants pay part of their mortgage.**PROPERTY HIGHLIGHTS:** * **Income Potential:** Up to $55,000 annually with zoning potential for a future legal triplex and.additional dwelling unit (ADU) potential with the lot size.* **Main Floor:** Open-concept living/dining with a massive picture window. Chef's kitchen features quartz countertops, breakfast bar, and a sliding barn door. Family room walks out to a private deck and a deep yard with **no rear neighbors**. Features 3 spacious bedrooms, a semi-ensuite, and a main bath.* **Lower Level Suite:** Fully renovated with a separate entrance, modern kitchen (quartz, backsplash), open living space, 2 bedrooms, updated 3-piece porcelain tile bath, and laundry.* **Upper Legal Apartment:** Self-contained 1-bedroom suite with its own kitchen, living area, 3-piece bath, and durable laminate flooring.* **The Lot & Location:** Generous 45 x 150 ft. lot close to top schools, shopping, transit, and quick Highway 401 access.Don't miss out on one of the most versatile, cash-flowing properties on the Oshawa market!
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Waterfront Transformation in Progress
Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.
Why Live in Lakeview
- •Major waterfront redevelopment underway
- •New parks, trails, and community amenities planned
- •Strong investment potential
- •Lake Ontario waterfront access
- •Mix of new condos and established homes
Nearby Schools
Transit & Commuting
- •Long Branch GO Station nearby
- •Future Hurontario LRT connection
- •MiWay bus routes
- •Easy access to QEW and Gardiner Expressway
Parks & Amenities
- •Jim Tovey Lakeview Conservation Area (opening soon)
- •Lakefront Promenade Park
- •Marie Curtis Park (nearby)
- •Planned retail and restaurant district
- •Future community centre
Lifestyle & Community
Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.
801 Gordon Street, Oshawa
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $467/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oshawa.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Lakeview
I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.